Principles for Responsible Banking: Nature Target Setting

This is a guidance document that can assist banks and bankers to take action—through portfolio-wide targets and other efforts—in support of the policy goals established by the Kunming-Montreal Global Biodiversity Framework (GBF). It offers recommendations for integrating nature considerations into core practices and addressing the biodiversity finance gap. It also outlines the key steps to setting practice targets for nature broadly including freshwater, forests, and oceans. The document was developed with support from leading organisations and initiatives in the nature finance space, to promote alignment between emerging frameworks and financial actors, in particular investors.